Greedflation and Tabis
Greedflation; the condition where business increases prices because of a crisis but refuse to reduce them when the crisis passes. It’s what I believe is happening now to most things we buy but especially to foodstuffs. We could all understand when the oil price went through the roof last year as Mad Vlad tried to rebuild the Russian Empire by initially invading Ukraine. It was easy to accept that the rocketing price of fuel meant there would be knock-on impacts on everything, not that we foresaw just how horrific those impacts would be. Everything rocketed, fuel for the car, or lorry, electricity and the costsRead More →